Ledyard National Bank Buys 7,440 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Ledyard National Bank increased its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 167,860 shares of the company’s stock after acquiring an additional 7,440 shares during the period. Ledyard National Bank owned 0.21% of JPMorgan US Quality Factor ETF worth $9,613,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. CENTRAL TRUST Co acquired a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $47,000. Abound Wealth Management bought a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $55,000. Fortitude Family Office LLC acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $68,000. Heck Capital Advisors LLC bought a new position in JPMorgan US Quality Factor ETF in the 4th quarter worth $172,000. Finally, Round Rock Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth $200,000.

JPMorgan US Quality Factor ETF Price Performance

JQUA stock opened at $60.16 on Friday. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The company has a 50-day moving average of $58.69 and a two-hundred day moving average of $56.85. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.33.

JPMorgan US Quality Factor ETF Profile

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.